PANews reported on October 22nd that cryptocurrency trading firm FalconX has agreed to acquire 21Shares, one of the largest managers of digital asset ETFs, according to the Wall Street Journal. Executives from both companies stated in an interview that the combined company will focus on developing cryptocurrency funds centered around derivatives and structured products. The transaction was financed through a combination of cash and equity, but specific terms were not disclosed.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.